EURAUD - stopped out

it was session in asia, where AUD reside & during active hours. Had to run AUDUSD for 120 pips to get me out in AU session. As AU economy not that small, I doubt, no one would figure it out and load. Price was at these levels for 15 mins. There is 100,000 futures contracts traded per day in AUDUSD.

I do not think pushing audusd 120 pips for 5K profit is viable at this time of day. maybe there was large fish doing same thing and went for them and I was just bystander accidentally hurt.

Anyway, my stop will be daily ATR and no less in the future.
 
exp joe talking to increase traffic or to make fun out of stop hunt thoughts.

anyway, it is trading season again !!! This was initial fart to clean the cylinders.

same as one needs to start diesels carefully after long period of inactivity.

gl to everyone out there. I am after YOUR money.
 
i960 said:
Are you insane?

AUD had a massive swing due to HG plunging. Both you and the OP keep thinking it's stop hunting when it so obviously isn't.
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you can't compete with his logic and reasoning abilities. truly two of the wonders of the world.
 
The OP is satisfied it's a one off event. So I won't bother to argue.

Although, I would be quite curious to know when it occurs again, and how many times would it take for that to become a problem.

One good thing about losing money is you get to learn some really cool stuff. Still, I think 5k is too expensive, because lessons can be had extremely cheaply.
 
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I have amended trading strategy. Increased stops and couple other things telated to trade mgmt. that I will not disclose, just in case MM or their associates reading this.

My signal generator fires on all 5 cylinders without a miss these days.

I plan to make 30 wins in a row, with couple of scratches in between.

will post them all here and lets play mice vs mouse.
 
toolazy said:
so it goes, I got sell signal today sell 1.45 with stop 1.46. market was 1.44 at the time of signal. Market got to 1.45, got me in, and then 1.46 in Asian session where move is normally small, 10 day atr around 160 pips, yet it managed 230 pips in Asian session (!!) and stopped me out, and reversed. Position less than 1m.

I am concerned that in thin Asian session market was chasing my stop. Is it really that market will eat such a small fly ? no other traders out there ?

cheap casino.

or there is new substantial trend emerging as it was the case when stopped other 2 times in my career ?
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Stop way too close for overnight trading. Thank you for your time.
 
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